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While recognizing the importance of enhancing interconnectivity of regional transport infrastructure, both sides pledged to continue to work for building an efficient transport corridor connecting the two countries and linking to other nations in the region.

"China's experience in developing its mega-cities is something important to be shared with other member states of the UN, especially in improving the public transportation system and management of pollution," he told Xinhua.

"Whether China will continue to cut auto import tariffs depends on the competitiveness and development of the auto industry," said the ministry.

On the recent DPRK-U.S. summit, Xi said it marked an important step forward in the political settlement of the Korean Peninsula nuclear issue. He called on the two sides to implement the outcomes of the summit, and parties concerned to make concerted efforts to advance the peace process.

In this day and age, launching a trade war is outdated and backward which begets popular antipathy. Earlier this year, the Trump administration had unilaterally imposed tariffs on steel and aluminum imports, sparking strong opposition even from its major trading partners.